Photo: Marlon Richmond · CC BY-SA 4.0Sunset’s home values run 2.4 times those of the middle of British Columbia’s towns
Owners put the median home at $1,700,000 at the 2021 census; for British Columbia’s towns the median is $720,000. What owners reported in May 2021 is an opinion of value; interest rates and prices have both moved since. Statistics Canada counted 10,140 buyers in 2023, paying a median $1,100,000. Sunset doesn’t get its own sale prices, assessed values, values by property type and building permits figures; the ones here come from the city of Vancouver.
Sunset’s homes, by three sources
Every figure here is compared within the province, against British Columbia’s towns, since each province assesses on its own terms.
median, owners’ estimate
- Average
- $1.76M
- Owners
- 6,360
- British Columbia’s towns
- $720K
- The typical Canadian town
- $406K
median sale, wider area
- Average sale
- $1.47M
- ÷ buyers’ income
- 6.5×
- Buyers
- 10,140
- British Columbia’s towns
- $682K
all residential
- British Columbia’s towns
- $671K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
A detached house in Vancouver is assessed at 3.4 times the middle of British Columbia’s towns
The 2024 assessment roll counts 203,470 homes in Vancouver, condos 52% of them.
Median assessment by type, 2024 the tick is the median of British Columbia’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of British Columbia’s towns with their own figure; assessments compare within a province only.
17% of Sunset’s households are in core housing need, against 10% for British Columbia’s towns
At the 2021 census, 54% of Sunset’s 12,490 occupied homes were flats in a duplex. At least half predate 2001. A neighbourhood’s counts are summed from small census areas, so its parts can fall a little short of the whole.
Homes by period of construction the tick is the median of British Columbia’s towns
Homes by kind
| Sunset | British Columbia | Canada | |
|---|---|---|---|
| Condominiums | 6% | 10% | 8% |
| Needing major repairs | 4% | 6% | 6% |
| Too small for the household | 15% | 4% | 3% |
| Households in core housing need | 17% | 10% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Permits in Vancouver ran at 19 homes a year per 1,000, near the 18.1 of British Columbia’s towns
Building permits added 36,663 homes in Vancouver between 2018 and 2023: some 6,111 a year. Very few were houses: 9% in single-unit buildings (British Columbia’s towns: 27%).
A peak in 2022: 8,052 new homes
New homes a year per 1,000 homes
Slowing: 26,358 new homes in the 12 months to August 2026, 11% fewer
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021. · Area behind the monthly permits figures: the Vancouver metro area
Sunset is 136% above the $720,000 median of British Columbia’s towns
254 of British Columbia’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Lower values near Sunset: Kensington-Cedar Cottage and Little Saigon
Next to Sunset: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Sunset | $1.7M | $1.76M | 51% | |
| Victoria-Fraserview | $1.7M | $1.68M | 59% | 2.1 |
| Oakridge | $2.9M | $2.76M | 57% | 2.4 |
| Kensington-Cedar Cottage | $1.51M | $1.54M | 55% | 2.7 |
| Marpole | $1.8M | $1.81M | 41% | 2.8 |
| Riley Park | $2M | $2.02M | 57% | 2.8 |
| Little Saigon | $1.51M | $1.49M | 55% | 3.3 |
Census 2021 values; km.
Questions about property prices in Sunset
Is Sunset expensive for British Columbia?
Above the norm for British Columbia’s towns, whose median home is worth $720,000; Sunset’s is worth more.
Can I see individual sales or prices by street?
No. Canada has no open register of individual sales; Statistics Canada publishes medians and averages by town only.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).